한국의 IFRS 도입을 통하여 본 베트남 기업의 회계투명성 제고를 위한 개선방안 연구

Abstract

Ensuring the transparency of corporate management particularly in accounting transparency in Vietnam companies through the process of liberalization and reformation of Vietnam is not easy one to be completed. However, acquiring accounting transparency is critically important in the development of company itself as well as in each country's economic growth. This study was to provide several suggestions to enhance accounting transparency in Vietnam. For this purpose, theoretical research on the IFRS and a comparative research with Korean adoption of IFRS were performed. And some controversial issues on the accounting system and accounting transparency in Vietnam were reviewed. Several recommendations provided after the literature research on the basis of previous studies in Vietnam and corporate accounting transparency are as follows. First, the early adoption of IFRS the implementation of internal control system were proposed as an institutional improvement. And strengthening of disclosure standard is also suggested. In the case of Korea, accounting transparency is appreciated as positive effects with the introduction of IFRS. But settle down of IFRS is considered to take more than couple of years. Consistent adjustment and implementation would be required through the collaboration of government, academy, and practice. Second, the necessity of improving corporate governance, with an emphasis on the outside directors, and strengthening the audit system are presented as a structural improvement. Finally, manager's ethical mind and social environment as an implementation improvement are suggested. Therefore, eradication of accounting fraud requires high management's ethical standards.